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Buffalo city, NY

ZIP 14216 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 14216

Median Home Value
$260,700
Median Rent
$1,000
Affordability Snapshot
$72,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,675/mo PITI).

17%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 14216 in Buffalo city, NY, a household would need roughly $72,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,675. That is roughly in line with the local median household income ($70,260). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
46.3%-29% vs US avg
x
Vacancy Rate
7.2%-30% vs US avg
x
Broadband Access
90.2%+4% vs US avg
x
4+ Bedrooms
3.2%-79% vs US avg
x
Built Pre-1939
7.1%-45% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
26.6%-46% vs US avg
x
Mortgage-Free
33.4%-12% vs US avg
x
$260,700
Home Value
$1,000
Rent
1938
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached32.2%
  • 1-unit attached1.3%
  • 2-9 units55.5%
  • 10+ units10.1%
  • Mobile home & other0.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$260,700
Median rent$1,000
Owner-occupied46.3%
Vacant7.2%
Price-to-income3.7x
Est. income to buy$72,000